The EA hedges a too losing position.
Suppose there is an open BUY position on a given symbol (the position has been opened by another EA or manually). As soon as the losses on this position, in pips, exceed the pre-defined level of Drawdown (opening a hedge), the EA will open a hedging SELL position with the same lot size. Then that new SELL position will be tracked and, as soon as its losses, in pips, exceed the predefined level of Drawdown (closing the hedge), the EA will close that hedging SELL position.
MT5 Indicators – Download Instructions
Hedger MT5 Indicator is a Metatrader 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.
Hedger MT5 Indicator provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly. Click here for MT5 Strategies
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How to install Hedger MT5 Indicator.mq5 to your MetaTrader 5 Chart?
- Download Hedger MT5 Indicator.mq5
- Copy Hedger MT5 Indicator.mq5 to your Metatrader 5 Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your mt5 indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on Hedger MT5 Indicator.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator Hedger MT5 Indicator.mq4 is available on your Chart
How to remove Hedger MT5 Indicator.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader 5 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Hedger MT5 Indicator (Free Download)
Click here below to download: